Settings8H · net · $10k
Funding arb · Price arb /

FLOCK

all FLOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0151%/8h= −16.5% APRpaid last 24h 0.000%
Price spread now: Bitget against Gate−0.138%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1121.115% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days+0.027%+$3 · spread now −0.138%, 7d avg +0.013%
Together, before fees+0.027%+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.152% cheaper against Gate than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FLOCK_USDT0.072450.0251pay 0.0251% / 8h5h 40m$753K$1.8M50x
ShortBitget FLOCKUSDT0.072350.0100get 0.0050% / 4h1h 40m$1.1M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$31.71
Price spread: −0.138% → +0.013%
−$15.15
Slippage, 4 orders
−$84.51
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$158.37
Costs to cover
1.115%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago7.57 bp36.4 bp −$361203.8 bp −$12.0Kdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago4.83 bp20.1 bp −$2055.7 bp −$557doesn't fitdoesn't fit

FLOCK on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance FLOCKUSDT+0.0100%4h0.07243−0.028%$5.6M$39.4M50xas long as short
Bybit FLOCKUSDT+0.0100%4h0.07236−0.124%$3.4M$13.2M20xas long as short
OKX FLOCK-USDT-SWAP+0.0100%4h0.07237−0.110%$708K$14.4M20xas long as short
MEXC FLOCK_USDT+0.0100%4h0.07244−0.014%$323K$277K100xas long as short
KuCoin FLOCKUSDTM+0.0100%4h0.07246+0.014%$1.2M$807K20xas long as short
Bitget FLOCKUSDTshort+0.0100%4h0.07235−0.138%$1.1M$2.2M20x
BingX FLOCK-USDT+0.0100%4h0.07239−0.083%$6.7Mas long as short
Variational Omni FLOCK+0.0100%4h0.07241−0.061%$169K$354Kas long as short
BloFin FLOCK-USDT+0.0104%4h0.07247+0.028%$269K$83K50xas long as short
Gate FLOCK_USDTlong+0.0251%8h0.07245long leg$753K$1.8M50x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FLOCKUSDT+0.1301%4h0.07265+0.272%$1.6M$3.7M5xas long as short